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earned value |
Also found in: Acronyms | 0.03 sec. |
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earned value [¦ərnd ′val·yü] (industrial engineering) The budgeted cost of the work performed for a given project. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Many writers stress the importance of Earned Value (EV) to program managers to help them know where they stand. Program performance, or earned value management, has been a requirement for major defense programs for more than 35 years. The Defense Manufacturers Value Pack (DMVP) is an offering of software, professional services, training and implementation with fully integrated project control and work breakdown structure modules to enable small and midsize firms to manage long-term projects and satisfy government requirements for earned value management. |
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